Air Arabia to Seek State Aid and Delay Launch of Low-Cost Carrier

  • Date: 13-Apr-2020
  • Source: Bloomberg
  • Sector:Defense
  • Country:GCC
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Air Arabia to Seek State Aid and Delay Launch of Low-Cost Carrier

The airline has asked the United Arab Emirates government for financial assistance, said the people, who asked not to be identified as the matter hasn't been made public.. Air Arabia Abu Dhabi , a joint venture with Etihad Airways slated to start flying by the end of June, has been put on hold, said the people.. Air Arabia declined to comment, while Etihad didn't immediately respond to a request for comment.. The U.A.E government referred questions to authorities in the city of Sharjah, where Air Arabia is based..